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Common use of Elimination of Series or Class Clause in Contracts

Elimination of Series or Class. At any time that there are no Shares outstanding of a Series or Class, the Trustees may abolish such Series or Class.

Appears in 7 contracts

Sources: Agreement and Declaration of Trust (Series Portfolios Trust), Agreement and Declaration of Trust (Broadview Funds Trust), Agreement and Declaration of Trust (Series Portfolios Trust)

Related Clauses

  • Elimination of Series or Classes
  • Combination of Series or Classes
  • Division of Series or Classes
  • Elimination of Series
  • Additional Series or Classes

Parent Clauses

  • Shares
  • Establishment and Designation of Series and Classes
  • Establishment and Designation of Series
  • Establishment and Designation of Series or Class
  • Miscellaneous

Sub-Clauses

  • PAYMENT OF FEES AND EXPENSES BY SHAREHOLDERS
  • OWNERSHIP OF TRUST PROPERTY
  • POWERS
  • EFFECT OF DEATH, RESIGNATION, REMOVAL, ETC
  • NUMBER, ELECTION AND TENURE
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